BEAT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0562%/8h= −61.5% APRnext payment −$2.81 per $10,000 · paid last 24h −0.121%

Price spread now: SunX against KuCoin+0.216%54s7-day average +0.212% · you sell dearer than you buy

Net, funding: paid 7d − costs−$292as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2552.548% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.368%−$37 on $10k

Price spread, last 3 days (all we have)+0.127%+$13 · spread now +0.216%, 7d avg +0.212%

Together, before fees−0.241%−$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.212%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.368% in total (about -19.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BEATUSDTM	0.08814	0.0662	pay 0.0331% / 4h	3h 06m	$2.4M	$1.2M	25x
Short	SunX BEAT-USDT	0.08833	0.0100	get 0.0050% / 4h	3h 06m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now +0.216%Rate

Funding earned: −$118.02
Price spread: +0.216% → +0.212%: $0.32
Slippage, 4 orders: −$234.76
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$372.46
Costs to cover: 2.548%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 5 min ago	6.84 bp	67.0 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	35.23 bp	85.0 bp −$85	doesn't fit	doesn't fit	doesn't fit

BEAT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BEATUSDT	+0.0100%	4h	0.08823	+0.103%	$49K	$30K	10x	as long as short
Bybit BEATUSDT	+0.0100%	4h	0.08819	+0.057%	$4.7M	$2.2M	25x	as long as short
Variational Omni BEAT	+0.0100%	4h	0.08764	−0.567%	$34K	$588	—	as long as short
SunX BEAT-USDTshort	+0.0100%	4h	0.08833	+0.216%	$2K	$1.4M	20x
OKX BEAT-USDT-SWAP	+0.0292%	4h	0.08826	+0.136%	$4.2M	$10.5M	10x	as long as short
HTX BEAT-USDT	+0.0316%	4h	0.08849	+0.397%	$121K	$66K	20x	as long as short
edgeX BEATUSDC	+0.0421%	4h	0.08815	+0.006%	$4K	$165K	10x	as long as short
MEXC BEAT_USDT	+0.0430%	4h	0.08830	+0.182%	$5.8M	$2.6M	100x	as long as short
Binance BEATUSDT	+0.0432%	4h	0.08829	+0.165%	$8.2M	$11.1M	10x	as long as short
Extended BEAT-USD	+0.0432%	1h	0.08828	+0.155%	$4K	$226K	5x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BEAT-USDT	+0.0433%	4h	0.08830	+0.182%	$490K	$47K	10x	as long as short
BingX BEAT-USDT	+0.0506%	4h	0.08820	+0.068%	—	$7.6M	—	as long as short
Bitget BEATUSDT	+0.0538%	4h	0.08830	+0.182%	$1.3M	$1.1M	10x	as long as short
KuCoin BEATUSDTMlong	+0.0662%	4h	0.08814	long leg	$2.4M	$1.2M	25x
Gate BEAT_USDT	+0.0911%	8h	0.08810	−0.045%	$3.3M	$2.0M	20x	as long as short